Tesla expanding in Israel with new showroom

• Published date: 25 January 2023

According to a presentation by realtor Yair Levy Real Estate Strategy, which brokered the deal, the property has 3,300 square meters of built space, and building rights of 300-400% for commerce and offices

The property was originally offered for sale for NIS 47 million, but as far as is known Tesla has signed a long lease on it. Sources inform "Globes" that several vehicle importers expressed interest in the property.

The new center will feature Tesla's first permanent showroom in Israel, and a bodywork and paint workshop that will replace Tesla's existing small garage next to the company's current management headquarters in Israel in Kiryat Aryeh. Up to now, Tesla has marketed its vehicles in Israel online and at pop-up spaces in shopping malls.

The showroom, due to be inaugurated by August this year, will be constructed on the format of the company's showrooms around the world, which are known as Tesla Stores. Besides displaying new vehicles, it will offer a trade-in service and a stock of vehicles for immediate sale.

Since Tesla began selling in Israel in March 2021, it has put more than 10,000 new cars on...